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Category: Commercial

Hines buys 17-storey downtown Calgary office tower out of receivership

Steve McLean Commercial Acquisition Calgary 3 hours ago

Hines has acquired Life Plaza, located in downtown Calgary at 734 7th Ave. S., with Timbercreek Financial continuing as a strategic lending partner. Life Plaza was previously owned by Toronto-based Slate Asset Management but was placed under receivership in June.

Slate Grocery REIT suspends distributions amid strategic review

Tania Theriault Commercial Slate Grocery International 3 hours ago

Slate Grocery REIT (SGR-UN-T) announced Wednesday evening that it is suspending its distributions following a recommendation of the special committee undertaking a strategic review of the REIT.

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